Regulatory Alerts2025-09-09 | 05/2025/NQ-CPAdded · Updated
Resolution No. 05/2025/NQ-CP on the Pilot Implementation of the Cryptocurrency Asset Market in Vietnam
Resolution No. 05/2025/NQ-CP establishes a pilot framework for the cryptocurrency asset market in Vietnam, restricting the issuance and trading of cryptocurrency assets exclusively to foreign investors. It mandates a minimum charter capital of 10,000 billion VND for service providers and requires all transactions to be conducted in Vietnamese Dong. The resolution outlines strict licensing conditions, including ownership structures and cybersecurity standards, and defines procedures for license issuance, adjustment, and revocation by the Ministry of Finance.